Caught in a debt trap

23 April 2010
How To Get A Ex Back At 14 e1263312977535-150x150.jpg" alt="" width="90" height="90" />About 18 months ago senior purchasers gathered at an SM roundtable debate on SRM. They said one of the ways in which the poor economy had affected their relationship with suppliers was that vendors were starting to check out their financial liability. Providers were assessing the risks of supplying a particular customer and were getting choosier about who they did business with. Some, it seems however, are still not choosy enough for their own good. Reports this week listed the money owing to organisations and individuals providing goods and services to bust premiership football club Portsmouth. Among trade creditors are Portsmouth City Council (owed £28,690.70), St John’s Ambulance (£2,701.91) and TWC Joinery and Shopfitting (£54,777.93). They are expected to be offered between 20p and 25p in the pound across three to five years. These numbers are small compared to the figures owing to agents and the footballers themselves, but for the public purse, a charity and one Southampton business, the relative sums will doubtless hit them much harder. How To Get A Ex Back At 14
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